Showing posts with label foreign investment. Show all posts
Showing posts with label foreign investment. Show all posts

Thursday, August 30, 2012

‘Skye Bank attracts millions of foreign investment into The Gambia’


As part of efforts at creating a niche for itself in a highly competitive banking industry, Skye Bank Gambia Limited has been attracting millions of dollar investments into The Gambia over a short span of time in operation to boost the national economy and define the future business of the bank.
 
Skye Bank Gambia MD Akim Usuf
“In the last 10 to 11 months, we have been able to attract two very major (foreign) investments into the key sectors of the economy,” said Skye Bank Gambia Limited’ s CEO and Managing Director Akim Yusuf, at a press conference held on Wednesday at the bank’s head office on Kairaba Avenue.  

The conference was meant to showcase the numerous achievements of the bank as it clocks three years in July this year in The Gambia.

One of the investments is in agriculture, Mr Yusuf said, adding that the bank has already attracted US$2m investment into the poultry industry of The Gambia.  

“The factory, that we attracted the investment to, was virtually dead but today it has been revived and revamped thanks to the capital the investor pumped in there,” the Skye Bank CEO pointed out.